Every HR professional’s dream: Reducing cost-per hire

It is also the metric which gives most HR professionals a serious headache!

They are asked to find and hire top talent fast, but often lack all the needed resources, especially financial.

So without further ado, let’s take a look at the X most effective ways to reduce your cost-per-hire!

Most effective ways to reduce your cost-per-hire

Here are top 6 ways companies can reduce their cost-per-hire:

1. Free job boards

Many companies spend a lot of money to post their job openings on job boards. However, there are also many free job posting sites and job boards which allow employers to post their job openings for free and reduce their recruiting costs.

3. Talent pools

Building and maintaining a talent pool of interested, qualified candidates can do wonders for your cost-per-hire. Imagine tapping into a pool of great, interested candidates every time you have a new open job position!

4. Group interviews

Conducting interviews with multiple candidates at once is a great way to save your time – and money! Group interviews are a fast and affordable way to test a group of candidates and select the best ones among them.

5. Outsourcing

Using a recruitment agency is not always expensive. Sometimes you can even save money if you decide to use a recruitment agency’s services! Just make sure you weigh all the pros and cons of using a recruitment agency in order to make an informed decision.

7. Social media

Do you use social media to proactively search for candidates totally free, promote your employer brand and showcase your company culture? It’s a highly effective way to attract potential employees – and it’s totally free! ➡️ Learn How to promote your employer brand on social media!